Pinterest Results Presentation Deck slide image

Pinterest Results Presentation Deck

Q223 Business Highlights We're building an inspired shopping experience • Users are actively engaging with shoppable content, with click-through rates and saves of shoppable pins growing over 50% year over year, accelerating from Q1. We launched a new, automated "shop the look" module for home decor and fashion pins that utilizes Al to recommend similar shoppable products tied to our merchant catalogs. In early tests, this drove a 9% increase in conversions. Shopping ads revenue continued to grow at a pace meaningfully faster than our overall revenue rate. ● We're doubling down on what makes us different • We published our latest Transparency Report, covering the second half of 2022. Our biannual transparency report features more than 400 distinct data points on our content moderation and enforcement practices as we continue to evolve our approach to keep up with new trends. We announced our support of the Inspired Internet Pledge, which is a call to action for tech companies and the broader digital ecosystem to unite with the common goal of making the internet a safer and healthier place. We're building inclusive Al technology like skin tone diversification that helps users personalize their experience and see themselves on Pinterest. In Q2 we improved the skin tone diversification of our core feeds, which led to engagement wins. ● © 2023 Pinterest. All rights reserved. 6
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